Now at present trading is the best earning method. Trading would never make one to quit it, only if don't follow the proper tactics.
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Yeah holding of bitcoin is highly profitable. This increase in bitcoin will be experienced for a long time. At present holding is recommended as halving comes within some months.
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Having Bitcoin as a saving or investment is always better than having physical cash investment. The major reason for this is the increasing price of bitcoin which is not felt with our local currencies.
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This is quite impressive to get confirmation within 10 minutes. Also you have got 3 confirmation which is more than the required.
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if internet goes down that mean bitcoin will down too and useless because i didn't see other way how to use bitcoin without internet connections and i thought this is terrible things because we can't access internet and can't do anything to solve these situations
Internet is a place where bitcoin stored, without Internet bitcoin would be nothing? It's like ask someone to cross a brige without bridge. Internet are one of the most important part in bitcoin. Totally, if there is no internet then bitcoin would not have a chance to be exchanged and used in reality. it's hard to see the internet going down anytime soon though. Yeah when internet goes down the use of bitcoin will surely gets affected. This will be overcome by the alternate solution by the developers.
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yeah i still believe bitcoin. I look like bitcoin is still early, and I would like to see bitcoin any longer for the next few years. because I am sure there will be many new things about bitcoin and also maybe the price could go back to touch $1000.
Yeah bitcoin might go high and touch $1000 or even more, as it has already touched $1500. At the same time it has also got the possibility to reach $100.
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Continuously the bitcoin acceptance had increased leading to a much better usability of bitcoin for viewing adult contents. Even few of our signature campaign sites accepting bitcoin.
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Gambling is the only option to earn bitcoin fast. Trading will give good profit but there will be delay in earning.
Do you really think that gambling is a option for earning bitcoins? Well i don't think so, i have seen a very few amount of people saying they have won a profit on any gambling site, everyone lose their money there and i guess most of them play for fun like i do, if someone gambles for earning profit or earning fast money then there a big percentage of losing all his money on it. Gambling can be considered as an option to earn faster if you own few bitcoins as well luck. Else as you said users will end up in losing huge amounts.
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Collecting bitcoin is not simple. Time is much required to get earning from the bitcoin. Now the methods of earning bitcoin is increasing gradually.
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Localbitcoins looks to be the best for trading. It has made the process of trading very simple rather than trading through exchange websites.
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We are only required to have one and only signature that a member can actually sign up for. I also have the same question before when I was new because I am also not sure about this. For we are also allowed to join one signature campaign..
I know but Could pls tell me how to signup and sign out a signature campaign cos I'm trying to do that but I end up not earning nought Each campaign has got its own method to get a member enrolled. Some had made it through their websites and few can be found through the services section which describes the availability of free slots.
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Spend my time in faucet > I want to spend more time here than at the faucet yeah thats just a waste of time that will not allow you to make some decent money because faucet rewards are really small my mistake was that i gambled all my money without even thinking and i lost wast amounts of bitcoins unfortunately Many newbies involve in gambling without proper knowing about the regulations followed in it. Only involving into the gambling discussion gives description on gambling.
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You can have Bitcoin with a signature campaign. That is really good. Because you can earn some Bitcoin with it and that is good. But you never know what the value will be of Bitcoin and that is the problem. But the first step is to have Bitcoin.
Yeah it is possible to have a bitcoin through signature campaign, but its not possible to earn in a short time. Only after working on a signature campaign for few months you can get a whole bitcoin.
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How huge the value might be, it can be transacted within minutes without much transaction fee.
This is a good thing about bitcoin no hassle of waiting for days just to transfer funds from one account to another. Yeah no need to wait for days as well if requires a mediator but bitcoin doesn't need that. We itself can make the transaction without any intermediate.
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Earning bitcoin free is possible but need time. Earning bitcoin fast is also possible but high risk involved. The user needs to decide which one is the best for him /her.
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My strategy is simple, buy when the price goes down and sell when the price goes up. I do a 50/50 split keep fiat on an exchange incase price moves to levarage against bitcoin dropping. The bitcoin I have on localbtc
I like your strategy. Since I'm new in bitcoin. How can I monitor the rate of bitcoin? And on what currency is it based upon? TIA This is a simple rule that has proved in finance science and it works in every investment area. There are many websites to check rate of bitcoin such as preev.com best strategy is to wait for a good price. But that also depends on how many it is used. If it is many used you can make more money. And the most important is that the value also must rise. The best thing that you must do is look if there are many people that use Bitcoin. If many people use Bitcoin than your chance will be higher to earn some with Bitcoin. But you must make it first popular and more used. So you must first promote it, that is really important. But it may takes a lot of time for waiting for seeing the price high! This strategy may not work well. With enough patience long term holding will pay off significantly. It's well worth all the time you have waited. I am also a long term holder and I really don't mind waiting a few years to see a very high price. It's all profit I am thinking about. How long term is long term? I'm supposing that in the case bitcoin bubbles off in the halving this year you'll sell too right? no that it's not a long term, real long term is around 2030, for every halving you can try to play the buy low sell high thing, and it may be successful but it's not so easy to know at what point is the low and what point is the correct high Buying low and selling after halving is not possible all the time. Only at times of steep fall buying can be done. If every selling is done only after halving. You need to wait for long years.
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As the title says, is the halving good or bad for the price of bitcoin?
The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.
But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.
What's your verdict?
I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
U think that it is very good for bitcoin because price will rise, and when price of bitcoin rises of course that it is very good for bitcoin Just i am afraid that after halving price of bitcoin will fall because everyone will sell them it is good for bitcoin not because of price but because it slows down the speed of creating new coins, which will work towards creating a fixed amount of bitcoin in circulation (the max amount) the price rise is just a speculation. On halving bitcoin won't get a fixed price due to the reduction in the production of coins. A standard price might get fixed. The price goes down on very critical situations.
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As you see, the Bitcoin is crashing and trying to break a new low until it stop. But I won't sell any Bitcoin at this time, I believe it will rise again as it always do. and that is really smart thing to do, not matter how price low will ever be, you shouldn't ever sell your bitcoins, only when price will be pretty high like 1000$ then you cna sell and be happy with money, but don't sell for small price you can always check the history. see the charts and speculations they are publicly available with nothing to hide since it is the past history. these crashes have been normal, and happen all the time in every market (bigger in bitcoin since it is smaller market) but it always comes back and continues on the track. Everywhere this happens. No matter how many times the crash has took place. Only the variation matters. This time the steep variation is expected on halving. So selling is recommended after halving.
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Bitcoin is safer than my cash which can easily be stolen as well as fraud cannot be comitted
As long as you have a wallet that is stored offline and is basically inaccessible, then I would agree your Bitcoin is safe. Anywhere else, and I would seriously doubt the safety of your Bitcoin. Indeed. I wouldn't say bitcoin is so much more safer than money, it really depends on how well you care it. The advantage with bitcoin is that the value keeps raising and you are indirectly gaining more money over time. paper money could be damaged and disappear quickly different with digital you can securely store and can not be broken certainly not easy to steal your money as cash Bitcoin is highly secure. But till now most countries use paper money and there is not much loss due to the damage happened during continues circulation.
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It won't make driving enthusiasts happy. Only people who are much craze on technological innovation will adopt it. It also makes people lazy. Already lot innovation has made people lazy.
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